Black and Buono Blog

Cash home sales are increasing dramatically throughout Massachusetts. This is the result of many factors, mainly the tightening of lending guidelines for owner-occupants, and the lessening of available financing for investors. Even if they qualify, many investors are not interested in conventional financing because the process is too long. As a result, the “steals and good deals” may be lost while waiting for loan approval.

Within the last twelve months, almost 18% percent of home purchases in Middlesex County, Norfolk County and Worcester County were cash sales. The Law Office of Black and Buono has the experience and the knowledge to identify the unique issues facing the cash buyer.

Frequently the homes cash buyers are purchasing are short sales or foreclosed properties. These properties often have title issues which must be addressed by a real estate law firm. It is imperative that we ensure the home buyer is completely protected. If the cash buyer is also an investor who intends to resell the property,Black and Buono has the expertise to make certain any title issues are resolved quickly so that the property can be sold within the investors intended time frame.

If you’re a homebuyerpurchasing with cash or a realtorworking with a cash buyer, contact Black and Buono today. We can help you through the unique issues encountered when buying a home or investment property for cash.